my credit score is 507 what are my chances of getting a home loan?

Unfortunately, very slim. FHA does allow down to 500 fico, but you must have 10% down and no late payments in the last 12 months.

We offer free credit repair and counseling, if you are interested contact me at 770 423 8211

hi:We can try to offer you up to 100% through our private investors but house must have some equity...example..foreclosure, short sale..proof of income is required but credit scores not a factor determining approval. (Mike 703 505 5300)